Market & Industry
VW China, JAC Motors fulfills capital increase to Volkswagen Anhui
VW China, JAC Motors fulfills capital increase to Volkswagen Anhui

Volkswagen (Anhui) Automotive Company Limited recently underwent a significant change in its business registration, with its registered capital surging from approximately 7.356 billion yuan to about 13.856 billion yuan.

May 13 , 2024
Gasgoo Daily: BYD FANGCHENGBAO’s BAO 8 gains regulatory approval from MIIT
Gasgoo Daily: BYD FANGCHENGBAO’s BAO 8 gains regulatory approval from MIIT

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

May 13 , 2024
Ji Yue 07 included in MIIT’s catalogue, to hit market in H2 2024
Ji Yue 07 included in MIIT’s catalogue, to hit market in H2 2024

Ji Yue's second production model, the Ji Yue 07, was included in the latest application information from China’s Ministry of Industry and Information Technology (MIIT).

May 13 , 2024
China’s power battery installed capacity in April 2024 surges 40.9% YoY
China’s power battery installed capacity in April 2024 surges 40.9% YoY

In April 2024, China's installed capacity of power batteries reached 35.4 GWh, marking a year-on-year rise of 40.9% and a month-on-month surge of 1.4%, according to data by the CAPBIIA.

May 13 , 2024
DEEPAL’s new model L07 receives regulatory approval from MIIT
DEEPAL’s new model L07 receives regulatory approval from MIIT

DEEPAL, the new energy vehicle brand under Changan Automobile, has recently passed the application process with China’s Ministry of Industry and Information Technology (MIIT) for its L07 model.

May 13 , 2024
China’s passenger vehicle retail sales in Apr. dip YoY, but wholesales grow
China’s passenger vehicle retail sales in Apr. dip YoY, but wholesales grow

In April, China's domestic passenger vehicle (PV) market retailed 1.532 million units, marking a year-over-year decrease of 5.7% and a month-over-month decrease of 9.4%, according to data from the China Passenger Car Association ("CPCA").

May 11 , 2024